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Stock impact report

Why Neurocrine Biosciences Stock Was Tumbling This Week [Yahoo! Finance]

Neurocrine Biosciences, Inc. (NBIX) 
Last neurocrine biosciences, inc. earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The latest information from the lab dampened enthusiasm for the company, sending its share price down by 16% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence One clear success out of four Biotechs such as Neurocrine are very heavily dependent on the medications they develop and (ideally) bring to market. Neurocrine's news concerned its investigational drug for the treatment of schizophrenia, NBI-'568, which was put through its paces in a phase 2 clinical trial. Early Wednesday, Neurocrine reported the results of that trial. On the surface these appeared encouraging -- one of the four doses of the orally administered drug met its primary endpoint, producing a significant reduction of symptoms when compared to a placebo. However the three other doses did not demonstrate such a significant difference between drug and placebo. Rather uncomfortably, the best performer was the lowest of the four doses. Typically with successful dr Show less Read more
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